Blackstone has acquired a significant minority stake in Rowan Digital Infrastructure, a US data centre developer backed by Quinbrook Infrastructure Partners.
Blackstone is investing to help Rowan Digital drive its future development pipeline and support ongoing capacity expansion for hyperscale customers across existing and new sites in the US.
Financial details were undisclosed.
Charley Daitch, CEO of Rowan Digital Infrastructure. said: βThis investment positions Rowan to continue delivering sustainable data center capacity for the worldβs leading technology companies.
βBlackstoneβs investment is a strong vote of confidence in our differentiated approach and our ability to execute complex projects at scale β particularly where power availability, accelerated timelines, and community alignment are critical to success.β
David Scaysbrook, managing partner of Quinbrook and chairman of Rowan Digital Infrastructure, said, βWe are delighted that Blackstone is investing in Rowan. As one of the worldβs leading investors in digital infrastructure and energy, they are ideally placed to help us continue Rowanβs remarkable growth story. Weβre focused on developing power and infrastructure solutions that solve hyperscale operatorsβ urgent need for more compute capacity at scale.
βWe established Rowan as an early mover in gaining access to power, which is now driving global data centre development. This power focus leverages Quinbrookβs specialist expertise in power project development tailored to the needs of energy intensive customers.β
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